CostIndexUSA

Spokane, WA vs Waterbury, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostWA
Spokane
100.3
overall index
$1,475/mo rent
CT
Waterbury
99.8
overall index
$1,325/mo rent

Spokane and Waterbury have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing8.2%
Spokane
97.1
Waterbury
89.1
🛒 Groceries7.3%
Spokane
105
Waterbury
97.3
🚗 Transportation+3.3%
Spokane
104.4
Waterbury
107.8
🏥 Healthcare+3.2%
Spokane
94.5
Waterbury
97.5
Utilities+61.8%
Spokane
91.2
Waterbury
147.6

Salary Equivalency Calculator

Enter your current salary in Spokane to see what you'd need to earn in Waterbury to maintain the same purchasing power.

$
Equivalent salary in Waterbury, CT
$79,600
$400 less needed in Waterbury

Formula: salary × (99.8 ÷ 100.3) = salary × 0.9950. Based on BEA Regional Price Parities.

Housing Market

Spokane, WA

Median Home Price
$406,000
Median Monthly Rent
$1,475
Housing Index
97.1
Price-to-Rent Ratio
22.9×

Waterbury, CT

Median Home Price
$420,000
Median Monthly Rent
$1,325
Housing Index
89.1
Price-to-Rent Ratio
26.4×

Spokane has 8.2% lower housing costs compared to Waterbury.

Income & Job Market

Spokane, WA

Median Household Income
$72,800
Per Capita Income
$41,500
Unemployment Rate
4.2%
Population
228,989
Top Industries
HealthcareEducationGovernmentManufacturingRetail

Waterbury, CT

Median Household Income
$81,300
Per Capita Income
$46,300
Unemployment Rate
5.3%
Population
114,403
Top Industries
HealthcareManufacturingFinanceEducationGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Spokane, WA
4.1×income-to-rent ratio

76% of income left after rent (median)

Waterbury, CT
5.1×income-to-rent ratio

80% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.